Math Problem Statement

Find the t* multiplier for a 99% confidence interval when the sample size is 45. Give your answer to 4 decimal places.

Solution

To find the tt^* multiplier for a 99% confidence interval when the sample size is 45, we follow these steps:

  1. Determine the degrees of freedom (df): The degrees of freedom for the tt-distribution is given by df=n1df = n - 1, where nn is the sample size. df=451=44df = 45 - 1 = 44

  2. Locate the 99% confidence level in the tt-distribution table: For a 99% confidence interval, the level of significance α\alpha is 0.01. Since the confidence interval is two-tailed, we split the significance level in half for each tail: α/2=0.01/2=0.005\alpha/2 = 0.01/2 = 0.005

  3. Find the tt-value corresponding to df=44df = 44 and α/2=0.005\alpha/2 = 0.005: Using the tt-distribution table or a calculator that provides tt-values, we look up the tt-value for df=44df = 44 and α/2=0.005\alpha/2 = 0.005.

Using a standard tt-table or a statistical calculator, we find:

t2.6955t^* \approx 2.6955

Thus, the tt^* multiplier for a 99% confidence interval when the sample size is 45 is approximately 2.69552.6955.

Would you like more details or have any questions?

Here are 8 related questions to expand your understanding:

  1. How is the degrees of freedom calculated in a tt-distribution?
  2. What is the difference between a tt-distribution and a normal distribution?
  3. How does the sample size affect the tt-distribution?
  4. What is the significance level α\alpha in hypothesis testing?
  5. How do you interpret a 99% confidence interval in practical terms?
  6. How would the tt^* value change if the sample size were increased to 100?
  7. Why is the tt-distribution used instead of the normal distribution for small sample sizes?
  8. How do you use the tt-distribution table to find critical values?

Tip: When using the tt-distribution, always make sure to check the degrees of freedom and the corresponding α\alpha value to find the correct tt-multiplier.

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Intervals
T-distribution

Formulas

Degrees of freedom calculation (df = n - 1)

Theorems

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Suitable Grade Level

Undergraduate